Content area
Full text
Abstract
This paper examines hypothesized relationships between psychological capital, the constructs of psychological capital-hope, self-efficacy, optimism, and resilience-and the seven dimensions of a learning organization with a 350bed community medical center.
Five hundred employees completed the Psychological Capital Questionnaire (PCQ) and the Dimensions of a Learning Organization Questionnaire (DLOQ). The findings suggest numerous positive and statistically significant relationships between psychological capital and learning organization dimensions that may be used to enhance organizational outcome variables.
Keywords: psychological capital, learning organization dimensions, healthcare management, self-efficacy, hope, optimism, resilience
organizations. As
Increased competition in a globalized economy, accelerated rates of technological advancements, and societal interactions have made the process of adapting to a changing environment more complex. To maintain this fast pace of change and adaptation, employees must rely more on their hope, self-efficacy, optimism, and resilience (Luthans, Youssef, & Avolio, 2007). Together these constructs comprise psychological capital. Psychological capital is positively related to employee outcomes including commitment to organizational mission (Luthans & Jensen, 2005) , workplace attitudes of job satisfaction and organizational commitment (Avey, Reichard, Luthans, & Mhatre, 2011 ; Larson & Luthans, 2006), employee stress and turnover (Avey, Luthans, & Jensen, 2009), absenteeism (Avey, Patera, & West, 2006) , performance (Luthans, Avolio, Avey, & Norman, 2007; Luthans, Avolio, Walumbwa, & Li, 2005; Luthans, Lebsack, & Lebsack, 2008; Stajkovic & Luthans, 1998), intent to quit and job search behaviors (Avey et al., 2009), performance and organizational citizenship behaviors (Gooty, Gavin, Johnson, Frazier, & Snow, 2009), and psychological well-being and health (Avey, Luthans, Smith, & Palmer, 2010; Avey et al., 2011). Creating an environment that will continuously foster hope, selfefficacy, optimism, and resilience within the culture can have sustaining results and positive outcomes for organizational performance. It is essential for research to explore which organizational factors are related to psychological capital. By understanding these relationships, an organization can begin to understand what dimensions within a learning culture can be adjusted to support the cultivation of psychological capital to enhance organizational performance.
Problem statement
Healthcare in America is experiencing unprecedented transformation with the effects of budgetary pressures, technology, consumer demands, and the Affordable Care Act (ACA). Hospitals must find ways to decrease expenses and exploit existing resources to survive. Psychological capital is a powerful tool for organizations-it can...